“The Greek football team is everything the country is not: highly competitive, disciplined and focused on collective effort. The foundation of Greek footballing success was built by a German manager years ago. Every now and then it is a good idea to follow German advice.”
Clemens Wergin, Foreign Editor of German newspaper Die Welt, gives Greeks some friendly advice ahead of their Euro 2012 quarter-final clash. Read more
“It is an illusion to think that if Greece is expelled from the euro, let alone the EU, it will simply hang there, looking wistfully westwards. For months, financiers and western officials have described exploratory trips to Athens by Iranians keen to see how their relationship might improve further if Greece were pushed out of the euro — and shut out of world credit markets — at the same time as sanctions crack down on the export of Iranian oil.”
Greek Socialist Party supporters attend a pre-election rally in Athens. Greeks head to the polling booths on Sunday to elect a new government – and the rest of Europe will be watching closely.
The European Commission denies that it has prepared contingency plans for a Greek exit from the euro – The Times says in a leading article today that this is “implausible or, if true, alarming”. Elsewhere, government and central bank officials in Japan have reportedly been busy.
(AFP Photo/Andreas Solaroandreas Solaro)
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